China-based investment holding company Tencent and Taiwan-based electronics manufacturer Foxconn have led a Series D round of more than US$175 million for India-based instant messaging application Hike. Other investors in the round included global investment firm Tiger Global Management, India-based conglomerate Bharti Enterprises and Japan-based telecommunications company Softbank. Hike was founded in 2012 and claims to have 100 million users.